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BARNEY FLETCHER CRAM Exam
Questions and Answers 2025 Top Rated
A+
Remainder - correct answer -Deeded by the grantor to grantee.
When grantee dies, goes to someone else.
Reservation - correct answer -Grantor reserves possession of all
or part of the land for the rest of their life while deeding title to
grantee.
Pour Autre vie - correct answer -Grantee's life estate is based on
someone else's life.
Legal Life Estate - correct answer -1. Dower (wife receives) NOT
in GA
2. Curtesy (husband receives) NOT in GA
3. Homestead (owned and occupied by family and protected
against judgement liens
Deed - correct answer -Document used to transfer title
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4 types of deeds - correct answer -general warranty: most
promises
special warranty: limited
bargain and sale: Seizing (implied owner, Court appt sale)
quitclaim: no promises; quiet title suit
Deed Requirements - correct answer -Grantor (18, sound
mind/body), Grantee (can be a minor), Consideration, Legal
Description, Granting Clause and Execeptions, Signature of the
Grantor, Delivery and Acceptance
Transfer Tax - correct answer -State or local tax payable when
title passes from one owner to another.
TT = Sales Price/100 x .10
Title Insurance - correct answer -a type of insurance that protects
the buyer if problems with the title are found later
Chain of Title - correct answer -A history of the ownership
affecting title to a parcel of land.
50 years back in GA
Clouds are responsibility of the Seller
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Abstract of Title - correct answer -A history of the ownership of a
parcel of land which lists transfers of title, rights, and liabilities.
Certificate of Title - correct answer -A title examiner's written
opinion of the current condition of a property title based on a
search of the public records dating back for a specified number of
years. Closing Attorney usually provides this
Intestate Succession: transfer via alientation - correct answer -no
will; Probate court takes care of who gets property
Adverse Possession: transfer via alienations - correct answer -
Squatter's rights; Continuous (20 years unless color of title then 7
years; open, hostile quiet title suit
Transfer by Courts: transfer via alientaion - correct answer -
quitclaim or quiet title suit: divorce, no husband
Water - correct answer -Erosion (lose title), Accretion and
Relicition (gain title),
Avulsion: sudden transfer of soil - don't lose title
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Riparian - correct answer -Rights to river or streams
Littoral - correct answer -Rights to lakes/oceans; to high water
makrk
Cooperative - correct answer -Corporation in Severalty.
Stockholders have lease.
Coop pays mortgage and taxes.
Condominium - correct answer -Fee Simple title inside the walls
Common Wall (area) owned as Tenants in Common
Planned Unit Development (PUD) - correct answer -Fee Simple
title to unit of Land
Common area owned by association
Party Wall owned by Association
BARNEY FLETCHER CRAM Exam
Questions and Answers 2025 Top Rated
A+
Remainder - correct answer -Deeded by the grantor to grantee.
When grantee dies, goes to someone else.
Reservation - correct answer -Grantor reserves possession of all
or part of the land for the rest of their life while deeding title to
grantee.
Pour Autre vie - correct answer -Grantee's life estate is based on
someone else's life.
Legal Life Estate - correct answer -1. Dower (wife receives) NOT
in GA
2. Curtesy (husband receives) NOT in GA
3. Homestead (owned and occupied by family and protected
against judgement liens
Deed - correct answer -Document used to transfer title
, Page | 2
4 types of deeds - correct answer -general warranty: most
promises
special warranty: limited
bargain and sale: Seizing (implied owner, Court appt sale)
quitclaim: no promises; quiet title suit
Deed Requirements - correct answer -Grantor (18, sound
mind/body), Grantee (can be a minor), Consideration, Legal
Description, Granting Clause and Execeptions, Signature of the
Grantor, Delivery and Acceptance
Transfer Tax - correct answer -State or local tax payable when
title passes from one owner to another.
TT = Sales Price/100 x .10
Title Insurance - correct answer -a type of insurance that protects
the buyer if problems with the title are found later
Chain of Title - correct answer -A history of the ownership
affecting title to a parcel of land.
50 years back in GA
Clouds are responsibility of the Seller
, Page | 3
Abstract of Title - correct answer -A history of the ownership of a
parcel of land which lists transfers of title, rights, and liabilities.
Certificate of Title - correct answer -A title examiner's written
opinion of the current condition of a property title based on a
search of the public records dating back for a specified number of
years. Closing Attorney usually provides this
Intestate Succession: transfer via alientation - correct answer -no
will; Probate court takes care of who gets property
Adverse Possession: transfer via alienations - correct answer -
Squatter's rights; Continuous (20 years unless color of title then 7
years; open, hostile quiet title suit
Transfer by Courts: transfer via alientaion - correct answer -
quitclaim or quiet title suit: divorce, no husband
Water - correct answer -Erosion (lose title), Accretion and
Relicition (gain title),
Avulsion: sudden transfer of soil - don't lose title
, Page | 4
Riparian - correct answer -Rights to river or streams
Littoral - correct answer -Rights to lakes/oceans; to high water
makrk
Cooperative - correct answer -Corporation in Severalty.
Stockholders have lease.
Coop pays mortgage and taxes.
Condominium - correct answer -Fee Simple title inside the walls
Common Wall (area) owned as Tenants in Common
Planned Unit Development (PUD) - correct answer -Fee Simple
title to unit of Land
Common area owned by association
Party Wall owned by Association
